There isn't a good enough reason to be worried yet. Reinstatement of official quotation is just a process. Tbh I would prefer the company to get this resolved thoroughly with the ASX rather than just pushing some info to the ASX to get relisted only to be suspended again a week later. CIO is making some serious progress with the last few announcements, the company could be one of the top performers this year in my opinion.
CIO Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held